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Monument Mining Ltd V.MMY

Alternate Symbol(s):  MMTMF

Monument Mining Limited is a Canadian gold producer that 100% owns and operates the Selinsing Gold Mine in Malaysia and the Murchison Gold Project in the Murchison area of Western Australia. It has a 20% interest in Tuckanarra Gold Project, jointly owned with Odyssey Gold Ltd in the same region. Located in the Central Gold Belt of Western Malaysia, the Selinsing Gold Mine covers a total area of approximately 150.3 square kilometers (km2) and includes the Selinsing, Buffalo Reef, Felda Land, Peranggih and Famehub properties. The Murchison Gold Project includes the Burnakura, Gabanintha, and Tuckanarra properties, which are located in the Murchison goldfield of Western Australia, 40 kilometers (km) southeast of Meekatharra and approximately 765km northeast of Perth. Buffalo Reef lies continuously and contiguously along the gold trend upon which the Selinsing Gold Property is located. Both Felda and Famehub are located east and north of the Selinsing and Buffalo Reef properties.


TSXV:MMY - Post by User

Post by Wayned52on Dec 04, 2021 5:31pm
202 Views
Post# 34199015

Tax Loss Selling

Tax Loss Selling   We normally see very low volume with MMY in the last few months . Some days nothing . I think what we saw yesterday was somebody taking their loss . I didn`t look to see if it was a single sale . It happened early , all at once .   People bought shares in May at 21 cents . After watching what`s gone on the last while you could hardly blame someone for throwing in the towel and trying to salvage something . It`s still hard to look at the assets we have then look at the bid . Shocking .
I think we should be prepared in the next few weeks that any rise in price will beget selling . Unless something very unusual happens not much will change until January .
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